Reference no: EM13969576
1. a) Who benefits from rent ceilings?
b) Who suffers?
c) What are the long-term effects of rent ceilings?
d) How can landlords and tenants cheat on rent ceilings?
e) Do you think the rent ceilings might lead to more discrimination against certain groups?
2. Are there methods other than a minimum wage that could raise the incomes of low-wage workers without reducing employment of minority youngsters?
3. Why do you think organized labor groups, such as unions, are supporters of a higher minimum wage, even though all of their members earn much more than the minimum wage?
4. Of what significance is the elasticity of demand for drugs in the debate about legalization of presently illegal substances?
5. In recent years, about twenty states have passed so-called medical marijuana laws. Typically, these laws permit individuals to lawfully purchase marijuana from licensed stores, providing they have a letter from their doctor recommending its uses. In a number of these states, the price of medical marijuana is observed to be higher than that of the pot sold illegally just down the street. Use the reasoning in this chapter to explain (a) why people would be willing to pay a higher price for the medical marijuana, and (b) why it might be misleading to compare the observed price of the medical variety with the observed price of the illegal weed
If substanially more foreign money
: If substanially more foreign money is invested in Mexico than Mexican citizens have invested abroad in other countries, then one will likely expect:
|
Essay on pros and cons of renewable resources
: Despite the disadvantages of high cost of development, abundance of land required, and inability to produce an abundance of enrely, renewable energy can lead to a steady amount of energy, an abundance of jobs, and low cost rate to operate.
|
Problem regarding the local evening paper
: Paul is looking for a second-hand car when he sees an advertisement in his local evening paper which reads:
|
Analyze the theoretical aspects of research methods
: Analyze the theoretical aspects of research methods to include the following: Importance of conducting effective research leading o good decision making.
|
What are the long-term effects of rent ceilings
: Why do you think organized labor groups, such as unions, are supporters of a higher minimum wage, even though all of their members earn much more than the minimum wage?
|
Standard form contracts in business
: Explain what is meant by the term 'standard form contract'. What are the advantages and disadvantages of using standard form contracts in business? 1. (a) Explain what is meant by the following saying:
|
Summarize the important points of the case for the class
: Summarize the important points of the case for the class. You should assume that the class is not familiar with the case.
|
Different kinds of contracts
: For each of the examples given below identify: (a) the different kinds of contracts described; and
|
Problem regarding the terms of a contract
: 1. To what extent, if at all, is it possible to bind or benefit a person under the terms of a contract to which he or she is not a party?
|